NewJersey Resources Corporation (NJR) Dividends
Dividend Yield and Dividend History Highlights
NJR Price Forecast Based on Dividend Discount Model
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The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding New Jersey Resources Corp, the dividend discount model StockNews created for the company implies a negative return of 14.02%. Digging deeper, the aspects of New Jersey Resources Corp's dividend discount model that we found most interesting were:
- NJR generates about 2 billion US dollars in revenue annually; in terms of how this translates into revenue, it has a dividend yield higher than 86.62% of companies in the mid revenue class.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for NJR than it is for only 1.47% of other equities in the Utilities sector that also issue dividends.
- In comparison to its fellow dividend issuing stocks in the Utilities sector, New Jersey Resources Corp has an equity discount rate lower than only 1.47% of them.
NJR Dividend Chart
NJR Dividend History
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NJR Dividends vs. Peers
Looking for More Information on NJR dividends?Want to see what other sources are saying about New Jersey Resources Corp's dividends? Try the links below:
New Jersey Resources Corp Common Stock (NJR) Dividend History | Nasdaq
Dividend History for New Jersey Resources Corp (NJR) - Dividend Investor
New Jersey Resources Corp (NJR) Dividend History - Seeking Alpha